812 Dacula RdDacula, GA 30019

Property Details for 812 Dacula Rd

Year built

2007

Construction

WOOD

Lot size

1.09 AC

Property size (Sq ft)

1,829 SF

Zone code

C3-CENTRAL BUS -DACULA-03

Property type

Drive through restaurants

APN

5-273 -525

APU

5273525

Description

This exceptional 1,829-square-foot retail property, formerly a Sonic Drive-In, is available for $1,475,000. Located at 812 Dacula Rd, Dacula, GA 30019, this vacant, single-story building sits on a 1.09-acre lot and boasts a Class B rating. Built in 2007, the property benefits from high visibility and traffic counts, with over 14,400 vehicles passing daily to the north and over 17,500 to the south. Its strategic location on Hwy 316, a major thoroughfare between Atlanta and Athens, sees over 49,000 vehicles daily. The C3 zoning allows for diverse redevelopment options. The property is situated in a thriving retail area, near major grocery stores like Publix and Kroger, and benefits from a strong demographic profile. Within a 5-mile radius, the daytime population exceeds 100,900, with projected 10.4% growth in the next 5 years. The area also features a Publix Distribution Center and Gwinnett County Airport. Nearby residential areas include numerous neighborhoods and golf communities, along with several schools including Hebron Christian Academy, Dacula Elementary, Northeast Atlanta Christian School, Dacula Middle School, and Dacula High School. This presents a unique opportunity to acquire a property in a high-growth area with excellent visibility and potential for various commercial uses. The price per square foot is $806.45.

• CAP approach

  CAP return

  Valuation

  6%

  $471,842

  6.5%

  $435,546

  7%

  $404,436

• Comparable approach

  Method

  Valuation

  Relative Method

  $542,016

  Geo Method

  $542,016

• Alternative Use

  Use

  Valuation

  Residential

  $367,399

  Hospitality

  $336,536

  Educational

  $279,994

  Medical

  $289,623

  Retail

  $435,546

Location Insight

City

Dacula

County

Gwinnett

State

Georgia

Latitude

34.0065

Longitude

-83.9146

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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